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Swelect Energy Systems acquires additional 8% stake in Amex Alloys

09 Jul 2013 Evaluate

Swelect Energy Systems has acquired 8% equity shares in Amex Alloys, Coimbatore, on July 08, 2013. The company was holding 92% equity shares in Amex Alloys and with the aforesaid acquisition of 8%, Amex Alloys will become a 100% wholly owned subsidiary of the company, with effect from July 08, 2013.

Swelect Energy was formerly Numeric Power Systems, a major player in the Uninterruptible Power Supply business. Last year, Numeric Power sold its UPS business and decided to concentrate on solar power and was renamed Swelect Energy.

Swelect Energy Share Price

650.50 10.55 (1.65%)
17-Apr-2026 16:59 View Price Chart
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